Cryptocurrency trader and analyst Lark Davis believes that the second cryptocurrency will reach $10,000 in the coming weeks.
Davis cited the limited supply of ether on the market as another factor in favor of ETH’s growth. Now stocks of the second cryptocurrency on the wallets of cryptocurrency exchanges are at an all-time low. This shows the reluctance of investors to sell their savings in ETH.
“87 percent of coins have not moved in more than three months. 87 percent! That’s crazy!” the analyst stated.